Trusts are private—the only reason Smith's gesture went public is because players put photos of the letters and checks on social media. "I don't think he would have wanted to draw attention to himself," says the trustee of Smith's trust, Tim...

An IRA Trust can be a very valuable tool in certain circumstances. Unfortunately though, many people are unaware of the IRA trust and its benefits. Trusts are only for the super wealthy, right? Wrong! The Kokomo Perspective recently posted an article titled “Are You...

Detroit businessman Dick E. Morand is giving to the causes close to his heart. Morand died in Detroit in 1977 at the age of 87. He was founder and owner of D.E. Machinery Company and was vice president of Addy-Morand Machinery Company. His wife, Helen, died in 1976...

He kept much of his holdings in paper stock certificates locked away in a safe-deposit box. While Mr. Read invested the time needed to stay on top of all of his positions, experts say that for many investors, holding physical stock certificates just isn’t practical...

In nearly every way you could make a mistake — for example, saving too late — you can also make up ground by availing yourself of all resources at your disposal (say, your employer's 401(k) matching program). With that in mind, here’s a list of 28...